Some 10,000 hotel keys are in pipeline in Qatar until 2021, researcher ValuStrat has said in a report.
As per the latest statistics released by Qatar National Tourism Council (QNTC), a total of 21,500 rooms across 107 projects are under construction at various stages of development.
There were reported delays in the launch of hotels in 2020 due to uncertainty caused by the advent of Covid-19, ValuStrat said in its report on Qatar’s hospitality market.
Citing QNTC data, ValuStrat said the total stock by end-2019 was 27,261 keys (130 hotels and hotel apartments). Some 24,562 keys are hotel rooms and 2,699 are hotel apartments.
The five-star segment is Qatar’s largest in size and encompassed 12,900 rooms across 49 properties at the close of 2019.
As per ValuStrat research, some 988 keys were added during H1, 2020 with the opening of Pullman Hotel in West Bay, Imperium Residences in Najma, Dusit D2 Salwa Doha in Muraikh, Al Liwan Suites in Rawdat Al Khail and Diyafa Hotel Suites in Al Sadd.
The year began with increasing visitor arrivals, and until February there were 498,528 arrivals, up 32% compared to the same period in the previous year.
In March, with the advent of the pandemic, Government of Qatar imposed a ban on inbound tourists causing the volume of tourists to plunge. Moreover, all recreation facilities and F&B outlets in hotel properties were also mandated to close.
Since March, hotels had to rely on local residents for turnover. Hotel apartments were reported to fare well compared to hotel segment as they relied on long term leasing tenants.
YTD June tourist arrivals totalled 548,812, down by 48% compared to the same period 2019, ValuStrat said.
As per ValuStrat research, the gap between demand and supply at the end of 2019 was estimated at 9,000 keys. This is projected to increase by the end of 2020 depending on the recovery of tourist arrivals and influx of new properties.
As per the plan of the lifting of restrictions (in July 2020), hotels will be allowed to re-open their F&B outlets.
In addition, once inbound travel re-opens in Phase 3, the government of Qatar mandated two weeks stay at designated quarantine hotels for particular inbound traffic.